Wages in Costa Rica increased to 681398 CRC/Month in October from 665012 CRC/Month in September of 2019. Wages in Costa Rica averaged 544653.01 CRC/Month from 2009 until 2019, reaching an all time high of 792836 CRC/Month in January of 2017 and a record low of 357554 CRC/Month in February of 2009.

Wages in Costa Rica is expected to be 688000.00 CRC/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Costa Rica to stand at 708000.00 in 12 months time. In the long-term, the Costa Rica Nomimal Wages is projected to trend around 708000.00 CRC/Month in 2020, according to our econometric models.

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Costa Rica Nomimal Wages

Actual Previous Highest Lowest Dates Unit Frequency
681398.00 665012.00 792836.00 357554.00 2009 - 2019 CRC/Month Monthly

Costa Rica Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.40 11.90 12.00 8.30 percent [+]
Unemployed Persons 278108.00 295580.00 295580.00 38708.00 [+]
Minimum Wages 5241.05 5241.05 5241.05 7.53 points [+]
Population 5.00 4.95 5.00 1.33 Million [+]
Wages 681398.00 665012.00 792836.00 357554.00 CRC/Month [+]
Wages High Skilled 748700.00 762500.00 762500.00 728400.00 CRC/Month [+]
Wages Low Skilled 296600.00 298000.00 339500.00 296600.00 CRC/Month [+]
Labor Force Participation Rate 61.80 63.00 63.70 56.80 percent [+]
Living Wage Family 331800.00 331800.00 331800.00 331800.00 CRC/Month [+]
Living Wage Individual 209000.00 209000.00 209000.00 209000.00 CRC/Month [+]
Employed Persons 2162613.00 2183195.00 2183195.00 1765039.00 [+]
Employment Rate 54.73 55.46 57.79 51.16 percent [+]